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    Home » Cricket News » Potential Financial Loss for Pakistan if Champions Trophy is Relocated or Delayed

    Potential Financial Loss for Pakistan if Champions Trophy is Relocated or Delayed

    By Virat VermaNovember 13, 2024
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    The ongoing standoff between India and Pakistan over the 2025 Champions Trophy could have significant financial repercussions for the Pakistan Cricket Board (PCB) if the tournament is postponed or moved to another country. The Board of Control for Cricket in India (BCCI) has stated that the Indian men’s cricket team will not travel to Pakistan for the event, scheduled from February 19 to March 9 next year. Due to this uncertainty, no match schedule has been released.

    This event marks the first global ICC tournament to be hosted by Pakistan since co-hosting the ODI World Cup in 1996, and the PCB aims to prove that Pakistan is safe for major international events, despite past security concerns. However, India’s refusal to participate has put the tournament in jeopardy. The PCB has also rejected the concept of a hybrid model, where India would play its matches at neutral venues like the UAE.

    According to a Cricbuzz report, if the tournament is moved or postponed, the PCB could face sanctions from the ICC, including cuts to vital ICC funding if it withdraws from hosting. Additionally, the PCB stands to lose an estimated USD 65 million in hosting fees, a significant sum given the board’s investment in upgrading the infrastructure at Karachi, Rawalpindi, and Lahore for the tournament.

    Also Read- ICC Unveils New Plan for Champions Trophy Amidst Potential Pakistan Cricket Board Withdrawal

    The PCB has called on the ICC to provide clarification on India’s refusal, arguing that other teams, including New Zealand, England, and Australia, have toured Pakistan multiple times over the past two years without major issues.

    The ICC could face contractual complications, potential revenue losses, and legal disputes with broadcasters and sponsors if Pakistan withdraws, as high-profile matches between India and Pakistan are expected. The BCCI’s insistence on a hybrid model raises the possibility of the tournament being relocated, but the final decision rests with the ICC.

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    Previous ArticleICC Unveils New Plan for Champions Trophy Amidst Potential Pakistan Cricket Board Withdrawal
    Next Article Pakistan Cricket Board Risks Severe Losses, Including $65 Million, If Champions Trophy Dispute Escalates

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